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Wall Stree Protestors

caltrek2

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POSTS: 2654

Report this Oct. 01 2011, 7:53 am

A protester bearing a flag where the stars of the American flag have been replaced with corporate logos.


 


Photo from Yahoo


http://abcnews.go.com/US/wireStory/1000-protesters-march-wall-street-nypd-14644971


 


More than 1,000 demonstrators speaking out against corporate greed and social inequality took their protest to the New York Police Department headquarters Friday.


 


The Occupy Wall Street protesters camping out in lower Manhattan marched several blocks north to police headquarters, where they protested the police response to the downtown protest, now in its second week. The crowd may have swelled due to a false rumor that the band Radiohead would appear. Since the protest began two weeks ago, turnout has varied but the numbers have reached as high as about 1,500 previously.


 


Critics have accused officers of being heavy-handed, saying they have roughed up people who did nothing wrong. The NYPD has disputed that claim. The protesters also say they're upset about reports from The Associated Press that an NYPD intelligence unit has sought to infiltrate the city's Muslim community.


 


Friday's march was peaceful. Police say there were no arrests


 

FleetAdmiral_BamBam

GROUP: Members

POSTS: 46351

Report this Oct. 01 2011, 9:08 am

Yep - I'm amazed at how easy the lamestream propoganda machine brainwashes people.


Makes me very sad that we've become a country of sheep.


humanityresurrected

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POSTS: 196

Report this Oct. 01 2011, 9:12 am

Elaborate Bam.

FleetAdmiral_BamBam

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POSTS: 46351

Report this Oct. 01 2011, 9:55 am

They're protesting against the very companies that provide jobs and products to people.  They say that they're speaking out against "greed" and "inequality", but that's only what the talking heads are screaming about as they push their anti-capitalist (anti-freedom) agenda.  Listen to what they're saying - some people are succeeding while others are not - and they say that those that succeed are only "greedy" and that they "owe" the others because things are "unequal.  It's only rhetoric to get people emotional without any thought to logic or integrity.


Yet what they're really screaming about is that some people/companies are more accomplished than others.  So what if a company has earned billions and another fail?  Why should a company (or a person) be penalized for success?  Should a student that earns an "A" be forced to give up some points to a student that refuses to study and fails?  Should a winning sports team be forced to have their points redistributed?


Vicsage

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Report this Oct. 01 2011, 10:23 am

Didn't  the Fed bail out the Wall Street types at the expense of higher inflation and greater debt with Qe I and Qe II?  And Tarp?  If so, didn't they (the Fed) and the government violate the principle of letting companies and  individuals rise and fall on their own merits?  As Taylor said in PLANET OF THE APES, it seems some apes are more equal than other apes.


No response must mean you all agree.

FleetAdmiral_BamBam

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POSTS: 46351

Report this Oct. 01 2011, 10:56 am

Quote: Vicsage @ Oct. 01 2011, 10:23 am

>

>Didn't  the Fed bail out the Wall Street types at the expense of higher inflation and greater debt with Qe I and Qe II?  And Tarp?  If so, didn't they (the Fed) and the government violate the principle of letting companies and  individuals rise and fall on their own merits?  As Taylor said in PLANET OF THE APES, it seems some apes are more equal than other apes.

>
Essentially correct.  The Fed and the Government did all that - they allowed something called "Moral Hazard" and didn't allow the institutions to be held accountable for their actions (although some were forced to commit them.)  Instead, the the governments rules forced the companies to engage in very uncapitalist ventures and then blamed the companies for failing.  (Just like taking the winner of the Superbowl, chaining them up and blaiming them for not beating a PeeWee team.)  Then the Fed and the Government do all these programs in order to control the companies (determine who lives and who dies) and then blame the companies for the problems.  Then the talking heads pile on and blame capitalism instead of government regulation and moral hazard.


Of course, there's a lot more behind the scenes that most of us won't know about.  The companies had to make a choice - be forced to make bad loans and pass a lot of them to the government (Fannie/Freddie) and deal with the rest of the loans themselves or take on the government for forcing them to make bad loans.


caltrek2

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POSTS: 2654

Report this Oct. 01 2011, 12:13 pm

As documented in another thread, the charge that lending institutions were forced to make bad loans is utterly with out any credible substance.


That the Feds took actions to "control" loan companies has some merit to it. What is missing is why they did that. Because they realized that the lending instutions in question were "too big to fail".


The same is going on in Europe right now. Countries are frantically trying to prop Greece up because of the possible consequences of its failure. Truth may very well be that Greece could fail and Europe would go on without a problem. The hitch is that Italy might not be that far behind. Italy's economy is huge compared to Greece. If Italy goes...


So it is not just a private sector public sector thing. It is also a dominoe effect. One falls and then threatens to push the others over. That is why the Fed decided it needed to act. Too many big institutions were ready to fail. 

FleetAdmiral_BamBam

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Report this Oct. 01 2011, 1:18 pm

So... just continue to ignore facts and act upon rhetoric and fear.  This is exactly why we have the programs we have and are committing economic suicide - just like the other countries.


We need to stop propping up bad policy and saying - "it just needs more money."  This only creates the idiotic idea of "too big to fail" which feeds Moral Hazard.  Let it fail, and although it will be painful, we can rebuild one based on the Constitution and liberty.


humanityresurrected

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POSTS: 196

Report this Oct. 01 2011, 2:10 pm

Quote: FleetAdmiral_BamBam @ Oct. 01 2011, 1:18 pm

>

>So... just continue to ignore facts and act upon rhetoric and fear.  This is exactly why we have the programs we have and are committing economic suicide - just like the other countries.

>We need to stop propping up bad policy and saying - "it just needs more money."  This only creates the idiotic idea of "too big to fail" which feeds Moral Hazard.  Let it fail, and although it will be painful, we can rebuild one based on the Constitution and liberty.

>


 


Very nice indeed!! I meam very much indeed!


Who's job is it to end poverty? Poverty refers to being unable to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter.

SLagonia

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POSTS: 18170

Report this Oct. 01 2011, 4:06 pm

Not that I'm against protests aimed at The Obama and Bloomberg administrations, and not that the media hasn't been doing their best to cover this up...  But these people are morons.  I'm sorry, but there's a line between peacefull protests and disrupting other people's freedom, and these people continue to cross that line.  They stopped traffic on The Brooklyn Bridge this morning, thus preventing thousands of working class people from getting to work, and have generally been harrassing and limiting the citizens of New York these past few days.  The Wall-Street workers are just getting to their buildings via subway anyway, so they are completely unaffected, but the working class has been getting very pissed off at these drunken frat-boys who probably have never worked a day in their life and have no idea what they're protesting about.  Seriously - I saw two signs next to each other, one of which supports Obama and another that opposes him.  The signs they are holding make no sense, the goal is just to have a big party at the people's expense and they just love assaulting police officers and then whining when they get arrested for it.


"If it doesn't work, paint it." -Unofficial Motto of the Starfleet Border Patrol -------- "Speak for the unheard, secure the vulnerable, bring light to the dark, fight for those who cannot" -Real motto of The Starfleet Border Patrol

FleetAdmiral_BamBam

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POSTS: 46351

Report this Oct. 01 2011, 4:36 pm

I have no problem with anyone exercising their 1st Amendment right to assemble peaceably - even for things that I disagree with or things that I think are stupid.


But it shouldn't be done at someone else's expense.  Don't block traffic.  Don't trespass on someone's private property.  Don't damage property.


caltrek2

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POSTS: 2654

Report this Oct. 01 2011, 5:33 pm

Quote: FleetAdmiral_BamBam @ Oct. 01 2011, 1:18 pm

>

>So... just continue to ignore facts and act upon rhetoric and fear.  This is exactly why we have the programs we have and are committing economic suicide - just like the other countries.

>We need to stop propping up bad policy and saying - "it just needs more money."  This only creates the idiotic idea of "too big to fail" which feeds Moral Hazard.  Let it fail, and although it will be painful, we can rebuild one based on the Constitution and liberty.

>


I am not ignoring facts, I am introducing more facts in order to provide context.


That is all very well and good to talk in lofty rhetoric about how we need to get back to the essentials of the Constitution. Where I part company is where you start telling me about how the folks that got us into the mess are the ones who should now be entrusted to bring us to the promise land.  The institutions that were too big to fail in the United States were private lending institutions.


As for Greece, I am not sure what that country's problem is, although I suspect a part of it is there refusal to enforce their tax collection laws.


As Americans, we sometimes suffer from too much pluribus and not enough unum. - Arthur Schelsinger, Jr.

FleetAdmiral_BamBam

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POSTS: 46351

Report this Oct. 01 2011, 5:45 pm

Quote: caltrek2 @ Oct. 01 2011, 5:33 pm

Quote: FleetAdmiral_BamBam @ Oct. 01 2011, 1:18 pm

>

>

>So... just continue to ignore facts and act upon rhetoric and fear.  This is exactly why we have the programs we have and are committing economic suicide - just like the other countries.

>We need to stop propping up bad policy and saying - "it just needs more money."  This only creates the idiotic idea of "too big to fail" which feeds Moral Hazard.  Let it fail, and although it will be painful, we can rebuild one based on the Constitution and liberty.

>

I am not ignoring facts, I am introducing more facts in order to provide context.

That is all very well and good to talk in lofty rhetoric about how we need to get back to the essentials of the Constitution. Where I part company is where you start telling me about how the folks that got us into the mess are the ones who should now be entrusted to bring us to the promise land.  The institutions that were too big to fail in the United States were private lending institutions.

As for Greece, I am not sure what that country's problem is, although I suspect a part of it is there refusal to enforce their tax collection laws.

Nothing you've shared has proven that the government wasn't the root cause of the problem. By ignoring the largest part of the equation, you're just trying to redirect blame.


The institutions in questions are not "too big to fail" - that's just ProRegressive rhetoric to "justify" subsidies and then a way in to control the companies.  And now those same institutitions are even bigger.  When you merge government and companies - that's socialism.


Hold both government and companies accountable for their actions.


FleetAdmiral_BamBam

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POSTS: 46351

Report this Oct. 01 2011, 5:52 pm

Quote: /view_profile/ @

>

>Good post.

>I hope they have goals of getting more brave people to attend these rallys. It is good to see that not all americans are brainwashed sheep. Hopefully, this type of rally will become the norm. Down with the greed of satan.

>Go get em

>
"greed of satan" ????


SLagonia

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POSTS: 18170

Report this Oct. 01 2011, 6:21 pm

So, I'm going to ask again - What exactly are these people protesting?  I've been down there and even I can't tell.


"If it doesn't work, paint it." -Unofficial Motto of the Starfleet Border Patrol -------- "Speak for the unheard, secure the vulnerable, bring light to the dark, fight for those who cannot" -Real motto of The Starfleet Border Patrol

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